Melvin Capital Dumps Mastercard, Alphabet in Portfolio Overhaul

Bloomberg2022-02-15

(Bloomberg) -- Gabe Plotkin’s Melvin Capital Management sold its entire position in Mastercard Inc. during the fourth quarter, a stake it had held for more than five years, and also liquidated its ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Pluto891
    2022-02-16
    Pluto891
    As we can see, different fund houses have different views of the same company... some sell while some buy.
  • Camemberu
    2022-02-16
    Camemberu
    Those are major losses For such a year. [Surprised] 
  • WilliamFish
    2022-02-16
    WilliamFish
    O
  • dw321
    2022-02-16
    dw321
    This institution lost credibility already 
  • KYBoo
    2022-02-15
    KYBoo
    Good
  • TradeMore
    2022-02-15
    TradeMore
    Ok
Leave a comment
10